Timeframe M1 · unit %
The slope of the best-fit straight line through the last 20 closes, normalized as a percentage of the final close per bar. Captures the average rate of price change over the window.
Positive: the least-squares line tilts upward - net upward drift over 20 bars. Negative: tilts downward. Magnitude expresses how much price moves per bar as a fraction of its level.
Imagine placing a ruler along the last 20 closes to find the best straight line. This number measures how steeply that ruler tilts - uphill (positive) or downhill (negative) - relative to the price level.
Janira computes Linear Regression Slope 20 (M1) deterministically from live price action, the same way for every reading - no discretion, no hidden weighting. This page explains the method; it is not a live reading and not advice.